Bloxham’s bankrupt head of finance had €6.4m debts

Court documents reveal the Revenue blocked 39-year-old from entering debt write down

Bloxham Stockbrokers’ former head of finance Tadhg Gunnell had ratcheted up debts of €6.4 million and was facing “unknown” further claims when he went bust earlier this year.

Court documents reveal the Revenue Commissioners blocked the “grossly insolvent” 39-year-old from entering a likely 99 per cent debt write down arrangement with his creditors.

Revenue was concerned that the former partner would be on the hook for additional liabilities arising from the liquidation of ...